Comprar Kamagra en Milanuncios Cuántas Unidades Trae Una Caja De Viagra Con Cuanto Tiempo Antes Tomar Viagra Remedio Parecido Al Viagra

Boeing boosts U.S. durable-goods orders, however shortages nonetheless a drag on the economic system


The payment: Boeing’s surge in flight and recreation numbers boosted durable goods orders in August, but persistent supply bottlenecks slowed automakers and continued to hold back the country’s economic recovery.

Durable goods orders rose 1.8% last month and corporate investment rose for the sixth straight month, the government said on Monday. Economists polled by the Wall Street Journal had forecast an increase of 0.6%.

The government also revised its July report to show a sizeable increase in bookings rather than a decrease.

However, the increase in business orders last month was a little exaggerated. Boeing BA, + 2.39%, received another large order intake for its 737 Max jets and other aircraft.

Bookings rose by just under 0.2% if transport is not taken into account. The figures are seasonally adjusted.

Big picture: The manufacturing side of the economy isn’t as big as it used to be, but it still plays a huge role in the speed of US expansion and is a major guiding star. The good news is that manufacturers are still in high demand, a sign of a healthy economy.

Read: Americans will have to get used to high inflation by at least the end of 2021

The biggest problem for manufacturers is sourcing critical supplies and finding enough skilled workers to staff their plants. The material and labor shortages are likely to persist at least until the end of the year and will slow down an otherwise rapid recovery in the USA.

Important details: Orders for new commercial aircraft rose 78% in August, driving most of the surge in bookings for US-made durable goods – products that are designed to last three years or more.

However, orders for expensive aircraft tend to be lumpy month to month and are not the best measure of how American manufacturers are doing.

For their part, automakers could sell more cars if they could make enough of them. But a global shortage of computer chips has delayed production and deterred some buyers. Incoming orders fell by 3.1% in August.

New orders were softer outside of the transport.

Bookings rose for electrical equipment and manufactured metal parts used in a range of consumer and business goods.

However, orders fell for computers, machines and primary metals, which are essential for the manufacture of industrial goods.

By contrast, corporate investment was robust. They rose 0.5% in August for the sixth straight month.

These so-called core orders are seen by investors as a signal of future business prospects – and the prospects look good. Business investment rose nearly 14% over the past year.

The originally reported 0.1% decline in durable goods orders in July has been revised upwards to an increase of 0.5%.

Read: The US economy continues to plow despite the Delta, new polls show

What do you say? “The momentum is still positive for the time being,” said chief economist Rubeela Farooqi of High Frequency Economics. “But delivery bottlenecks and bottlenecks are central restrictions for the manufacturing industry that will likely persist in the near future.”

Market reaction: The Dow Jones Industrial Average DJIA, + 0.37%, should open higher, but the S&P 500 SPX, -0.29%, appeared to be falling on track in the early Monday trades.

You might also like

Leave A Reply

Your email address will not be published.